is a process of renovation of deteriorated urban neighborhoods by means of the influx of more affluent residents. This is a common and controversial topic in politics and in urban planning
. Gentrification can improve the quality of a neighborhood, while also potentially forcing relocation of current, established residents and businesses, causing them to move from a gentrified area, seeking lower cost housing and stores.
Gentrification often shifts a neighborhood’s racial/ethnic composition and average household income by developing new, more expensive housing, businesses and improved resources. Conversations about gentrification have evolved, as many in the social-scientific community have questioned the negative connotations associated with the word gentrification
. One example is that gentrification can lead to community displacement
for lower-income families in gentrifying neighborhoods, as property values and rental costs rise; however, every neighborhood faces unique challenges, and reasons for displacement vary. However, the correlation between the shortage of affordable housing and subsequent displacement that results in gentrifying neighborhoods is not a debated fact. Displacement begins as landlords take advantage of rising market values and evict long-time residents in order to rent or sell to the more affluent. Some strategies to combat displacement include low-income affordable housing and tighter housing regulations surrounding evictions.